Tech Town Odense A/S

Tech Town Odense A/S (CVR number: 39240793) is a company from ODENSE. The company recorded a gross profit of 4468.2 kDKK in 2022. The operating profit was 9422.4 kDKK, while net earnings were 8464.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tech Town Odense A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.